DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Jan. 31, 2020

Schedule of Fair Value of Derivative Instruments

We recognize the fair value of derivative instruments as assets and liabilities on a gross basis on our Condensed Consolidated Balance Sheets.  As of January 31, 2020 and October 31, 2019, all derivative instruments were recorded at fair value on our Consolidated Balance Sheets as follows (in thousands):

	January 31, 2020			October 31, 2019
	Balance Sheet	Fair		Balance Sheet	Fair
Derivatives	Location	Value		Location	Value
Designated as Hedging Instruments:
Foreign exchange forward contracts	Derivative assets	$	347	Derivative assets	$	751
Foreign exchange forward contracts	Derivative liabilities	$	154	Derivative liabilities	$	99
Not Designated as Hedging Instruments:
Foreign exchange forward contracts	Derivative assets	$	274	Derivative assets	$	640
Foreign exchange forward contracts	Derivative liabilities	$	221	Derivative liabilities	$	289

Schedule of derivative instruments not designated as hedging instruments

We recognized the following losses and gains in our Condensed Consolidated Statements of Operations during the three months ended January 31, 2020 and 2019 on derivative instruments not designated as hedging instruments (in thousands):

	Location of Gain
	(Loss) Recognized	Amount of Gain (Loss)
Derivatives	in Operations	Recognized in Operations
		Three Months Ended
		January 31,
		2020		2019
Not Designated as Hedging Instruments:
Foreign exchange forward contracts	Other income, net	$	156	$	(234)

Schedule of changes in the components of Accumulated other comprehensive loss, net of tax

The following table presents the changes in the components of Accumulated other comprehensive loss, net of tax, for the three months ended January 31, 2020 (in thousands):

	Foreign Currency		Cash Flow
	Translation		Hedges		Total
Balance,October 31, 2019	$	(10,042)	$	1,109	$	(8,933)
Other comprehensive income (loss) before reclassifications		283		(4)		279
Reclassifications		—		(80)		(80)
Balance, January 31, 2020	$	(9,759)	$	1,025	$	(8,734)

Designated as Hedging Instrument

Schedule of Effect of Derivative Instruments on the Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Operations

Derivative instruments had the following effects on our Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Changes in Shareholders’ Equity and Condensed Consolidated Statements of Operations, net of tax, during the three months ended January 31, 2020 and 2019 (in thousands):

					Location of Gain	Amount of Gain
	Amount of Gain (Loss)				(Loss) Reclassified	(Loss) Reclassified
	Recognized in Other				from Other	from Other
	Comprehensive				Comprehensive	Comprehensive
Derivatives	Income (Loss)				Income (Loss)	Income (Loss)
	Three Months Ended					Three Months Ended
	January 31,					January 31,
	2020		2019			2020		2019
Designated as Hedging Instruments: (Effective portion)
Foreign exchange forward contracts  – Intercompany sales/purchases	$	(4)	$	(270)	Cost of sales and service	$	80	$	(12)
Foreign exchange forward contract  – Net investment	$	25	$	(2)